The real purpose of this post are my CNBC - Business of Innovation thoughts... but I also wanted to promote my FriendFeed link and also my Twitter link. I have pushed a lot of my content to FriendFeed because it is dead-easy. Check them out.
Anyway... I have watched to first two episodes of the CNBC special and here my bulleted / random thoughts.
- innovation is as good as its people
- perception that innovation must be driven from the inside
- must set a culture and reward (trust, recognition and $$$) for risk-taking
- constantly (all day everyday) driving towards improvement
- innovation that is a new product/service that creates a better experience that generates profits for a company
- innovation is a social process
- is innovation easy or invention easy?
- are sales flat because of marketing or lack of innovation?
- a downturn is the chance to become a market leader
- how do you find people capable of seeing the other side/way? is it immigration?
- innovation engine
- hiring Gen-Y a whole new challenge... fun, family, needs
- can you measure job "happiness"? is it social relationships?
- must bring together cultures (age, gender, race, etc.) to get success
- invest in education
- mitigate all risks by understanding your distinctive competence
- innovation must ask "how do I make money?"
Last thought, one of the guests indicated the following four words... kind of like a simplified process for innovation - "see believe think act" and I really like that too.
Leave a comment